Geopolitics Alpha

Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor

Published . Updated .

Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor fulcrum.sg

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline

    Tanker operators earn more when freight rates spike

  • INSW International Seaways

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund

    Oil prices move when Iranian supply is at risk

  • XLE Energy Select Sector SPDR

    Energy companies move with Iran supply risk

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO-10.86%-5.02%—-0.34%-5.00%-11.28%-11.40%
INSW-6.27%-1.98%—+0.59%-4.52%-8.98%-11.54%
DHT-10.35%-5.03%—+1.26%-4.92%-10.67%-10.10%
TNK———————
USO———————
XLE———————
LMT-0.43%-0.82%—-1.60%+1.95%+4.06%+7.83%
RTX———————
XOM———————
DAL+4.42%+2.56%—-0.71%-4.31%-2.55%-5.92%

Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor fulcrum.sg

Source: fulcrum.sg

Price since this story was published: United States Gasoline Fund (UGA)

Since the first closing price after “Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor,” United States Gasoline Fund (UGA) is -1.79%. The S&P 500 fund (SPY) is -0.40% over the same days, a -1.40% difference versus the market. industrial stocks (XLI) is -0.20%, a -1.60% difference versus that group of stocks.

CompanyWhenMoveStatus
DALthat day-0.71%final price
DALthe next day-4.31%final price
DALtwo days later-2.55%final price
DALthree days later-5.92%final price
DALthree days earlier+2.56%final price
DALfive days earlier+4.42%final price
DHTthat day+1.26%final price
DHTthe next day-4.92%final price
DHTtwo days later-10.67%final price
DHTthree days later-10.10%final price
DHTthree days earlier-5.03%final price
DHTfive days earlier-10.35%final price
FROthat day-0.34%final price
FROthe next day-5.00%final price
FROtwo days later-11.28%final price
FROthree days later-11.40%final price
FROthree days earlier-5.02%final price
FROfive days earlier-10.86%final price
INSWthat day+0.59%final price
INSWthe next day-4.52%final price
INSWtwo days later-8.98%final price
INSWthree days later-11.54%final price
INSWthree days earlier-1.98%final price
INSWfive days earlier-6.27%final price
LMTthat day-1.60%final price
LMTthe next day+1.95%final price
LMTtwo days later+4.06%final price
LMTthree days later+7.83%final price
LMTthree days earlier-0.82%final price
LMTfive days earlier-0.43%final price
UGA
SPY
XLI

Who gains and who loses around United States Gasoline Fund (UGA)

Companies carried with this story

  • UGA United States Gasoline Fund

    In “Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor,” United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • GSG iShares S&P GSCI Commodity-Indexed Trust

    In “Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • DBA Invesco Db Agriculture Fund

    Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • MOO Vaneck Etf Trust

    In “Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor,” Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • XME Spdr Series Trust

    In “Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor,” Spdr Series Trust (XME) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • XLY Select Sector Spdr Tr

    For “Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor,” Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • IWM Ishares Tr

    Ishares Tr (IWM) is linked, with no stored direction, medium confidence in the 13 Oct 2026 story “Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • HYG Ishares Tr

    In “Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor,” Ishares Tr (HYG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

United States Gasoline Fund (UGA) and the defense link

On 13 Oct 2026, “Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor” is the story that connects United States Gasoline Fund (UGA) to Defense.

What ties United States Gasoline Fund (UGA) to the headline is this: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Also listed, iShares S&P GSCI Commodity-Indexed Trust (GSG): Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Price levels for United States Gasoline Fund (UGA)

DBA traded between 27.85 and 28.86 across 20 sessions. The latest close on file is 28.19. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.

The defense score for United States Gasoline Fund (UGA)

46 out of 100

“Southeast Asian Economies Grow Amid the US-Iran War — But Inflation Pains the Poor” scores 46 out of 100. The score uses 1 sources, and 19 linked companies.